When homeowners visit UWLending.com official website, they may be shocked to know that they qualify for a plan that offers them ridiculously low interest rates.
This little-known, brilliant government program called the Home Affordable Refinance Plan (HARP) could help millions of Americans. By refinancing your home at the lower interest rates, you could easily save as much as $4,264 each year.
HARP 2.0 is a refinance option for homeowners that are “underwater,” meaning they owe more on their home than their home is worth.
In order to be eligible for the HARP 2.0 refinance program, you must meet certain criteria. Firstly, you must not have refinanced through the original HARP program. You need to be current on monthly mortgage payments with no late payments over 30 days due in a minimum of 6 months, and no more than one late payment in the previous 12 months. Your mortgage must be backed by Fannie Mae or Freddie Mac and must have been bought by either Fannie or Freddie before May 31st, 2009. Your loan to value (LTV%) must be at least 80%.
The purpose of HARP is to allow homeowners who owe a mortgage that is more than the value of their home a more affordable and stable mortgage.
Time is about to run out for homeowners, so the government is making one final push to inform homeowners who can still benefit. Instantly see if you qualify online >>
But with the program set to expire soon, homeowners are in a race against time to take advantage of HARP before the program goes away forever.
Almost a million homeowners could still save money, but sadly, most of them think the HARP program is too be too good to be true. Remember, HARP is a free government program and there’s absolutely NO COST to see if you qualify. Instantly see if you qualify online >>